Commercial Real Estate & Business News – September 26, 2023
How Verrado Became a California Oasis in the Middle of the Desert Buckeye is one of the fastest-growing cities in the country. Its population boomed from about 50,000 in 2010 to just over 105,000 and could grow even more to 310,000 by 2040. And once all 27 of Buckeye’s master planned communities are built, the […]
Commercial Real Estate & Business News – September 25, 2023
Retail Can’t Shake Perception of Being Oversupplied After hitting 56.5 square feet of retail space per capita in early 2009, the high-water mark for shopping center space in the U.S. that coincided with an onslaught of retail space additions, the amount of retail space per capita within the largest 45 retail markets across the U.S. […]
Commercial Real Estate & Business News – September 22, 2023
Phoenix, SLC & Vegas Lead the Western US in Industrial GrowthPhoenix, Las Vegas and Salt Lake City all recorded double-digit annual rent increases in the 12-month period ending in the second quarter, making them some of the strongest-performing industrial markets in the United States. These three markets have similar drivers that are supporting…» Multifamily Is […]
Commercial Real Estate & Business News – September 21, 2023
The Fed Maintains Its Wait-and-See Stance The Federal Reserve’s policy-setting committee on Wednesday voted to leave its policy rate unchanged, suggesting that the economy is moving in the right direction and inflation impulses are easing. The decision leaves the overnight lending target rate for banks at between 5.25% and 5.5%…» Partners Move Forward on Long-Planned […]
Commercial Real Estate & Business News – September 20, 2023
Here’s How Arizona Bioscience Construction Boom Impacts Region In recent years, Arizona has seen rapid growth in its population, its bioscience sector, and its healthcare infrastructure. The momentum is continuing to build — especially when it comes to Arizona bioscience construction and building. Like the sciences they support — these structures are the result of studies…» […]
Commercial Real Estate & Business News – September 19, 2023
Second Quarter CRE Activity Down 50% Year Over Year A new Green Street report by Managing Director and Co-Head of Strategic Research, Daniel Ismail and Harsh Hemnan, analyst on the net lease and ground lease sector teams, looks at the Q2 CRE transaction results for 2023. The results are probably not surprising given all the […]